FAC Explorer

Finding 539623 (2024-002)

- Repeat Finding
Requirement
C
Questioned Costs
-
Year
2024
Accepted
2025-03-28
Audit: 350160
Organization: City of Seaside (CA)
Auditor: Maze & Associates

AI Summary

  • Issue: The City missed deadlines for filing SF-425 Federal Financial Reports for CDBG with HUD.
  • Trend: Reports for Q3 and Q4 of 2023 were filed late, as well as those for Q1 and Q2 of 2024.
  • Follow-up: Ensure timely filing of reports moving forward to avoid penalties and maintain compliance.

Finding Text

For the quarter ended September 30, 2023 and December 31, 2023, the City did not file the SF- 425 Federal Financial Reports for the CDBG with HUD until March 12, 2024. For the quarter ended March 31, 2024 and June 30, 2024, the City did not file the SF-425 Federal Financial Reports for the CDBG with HUD until September 7, 2024.

Corrective Action Plan

The City is in agreement with the audit finding. As of the date of the Single Audit Report, the City is caught up on its Financial Reports submission in IDIS-CPD Grant Portal. The City still needs to update its CDBG policies and procedures to specify required CDBG reporting requirements and obligations, per reporting compliance required under 24 CFR Section 570.507(d) - Other reports and 2 CFR 200.302(b)(2) – Financial management.

Categories

Reporting HUD Housing Programs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
12.000 Project Grant for Clean Up of Munitions and Explosives of Concern $471,688
14.218 Community Development Block Grants/entitlement Grants $445,993
21.023 Emergency Rental Assistance Program $194,964